NVIDIA announces CEO transition: board accepts Jensen Huang’s resignation; CFO Colette Kress named interim CEO, Harvey C. Jones appointed first-ever board chair

Why it matters

【Key points】

· NVIDIA posted “NVIDIA Announces CEO Transition” on 2026-11-12. The board accepted Jensen Huang’s resignation (Jen-Hsun Huang in the 8-K) as president, CEO, and director, effective immediately.

• · Form 8-K, earliest event 2026-11-11, accession 0001045810-26-000082, Item 5.02: on November 11 the board accepted the resignation, appointed CFO Colette M.
• Kress as interim CEO (CFO since 2013), and appointed Harvey C.
• Jones as board chair.
• Kress signed the 8-K on November 12 as interim CEO and CFO.

• · A permanent CEO search is open inside and outside the company.
• Jones has been a director since 1993; the release says this is the board’s first chair.
• Fiscal Q3 2027 results remain set for November 17 at about 1:20 p.m.
• PT.
• Neither official document states a reason.
• The board says operations and the product roadmap continue without interruption.

【Our read】

• · Background: On November 10, independent directors said they had hired ex-SDNY acting U.S. Attorney Joon H.
• Kim and Wachtell to investigate reports that Huang was targeted by a foreign intelligence operation, and that the board had confidence in him.
• The 8-K shows the resignation was accepted the next day.
• Official text says only that he resigned, effective immediately.

· Comparison: November 10 read as “investigate, don’t replace the CEO.” November 11 is an immediate founder-CEO exit plus the first board chair. Official documents do not explain the change, and no permanent successor is named.

• · Impact: As a central AI-chip supplier, a sudden founder-CEO exit will weigh on governance and continuity.
• Watch the permanent search, the November 10 investigation, and the November 17 earnings call.
• Unverified ouster rumors are not established facts.

【Verifiable】

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